How much do solar panels cost in Colorado?

In Colorado, solar panel installation averages about $2.68 per watt. For a typical $150 monthly electric bill, a 6.8 kW system (18 panels) costs approximately $19,296 before incentives, or $13,507 after the 30% federal tax credit.

Is solar worth it in Colorado?

Yes — with 5.66 peak sun hours per day and 16.5¢/kWh electricity rates, solar in Colorado typically pays for itself in 7.1 years. The rating is Strong.

Solar Panel Cost & Savings in Colorado (2026)

Quick Colorado Solar Facts

5.66

Peak Sun Hours/Day

16.5¢

Electricity Rate

$2.68

Install Cost/Watt

7.1 yrs

Avg Payback

In Colorado, a typical 6.8 kW system (18 panels) costs approximately $13,507 after the 30% federal tax credit. With 5.66 peak sun hours per day and 16.5¢/kWh electricity rates, annual savings average $1,894 with a payback period of 7.1 years. Rating: Strong. Source: NREL PVWatts v8 (PSH), US EIA July 2026 (rates), SEIA/EnergySage Q1 2026 (costs).

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How many solar panels do I need in Colorado?

For a typical home with a $150 monthly electric bill in Colorado, you need about 18 panels (7.2 kW system). Your exact number depends on your specific monthly usage and roof orientation.

What solar incentives are available in Colorado?

Every US homeowner qualifies for the 30% federal Investment Tax Credit (ITC) through 2032. Many states also offer additional incentives — check our main calculator's Incentives tab for Colorado-specific rebates, tax credits, and net metering policies.

Is Colorado a good state for solar?

Colorado has 5.66 peak sun hours per day (U.S. average: 4.98). With electricity at 16.5¢/kWh (U.S. average: 18.83¢/kWh), solar in Colorado typically pays for itself in 7.1 years. Overall rating: Strong.